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Level 1
posted May 31, 2019 5:46:06 PM

In K-1 form contributed property with a built in gain or loss Box M

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1 Replies
Level 13
May 31, 2019 5:46:08 PM

What is your question regarding this section of the K-1?  Is the box checked? 

See page 6 of the K-1 instructions in the link below.

https://www.irs.gov/pub/irs-pdf/i1065sk1.pdf